On-Chain Data

JPMorgan is optimistic about the outlook for the cryptocurrency market, expecting that capital inflows will continue to grow through 2026, primarily driven by institutional investors. Although Bitcoin recently fell below production costs and market sentiment is fragile, analysis indicates that the return of institutional funds could potentially trigger a market recovery.

PANews February 12 News, according to Arkham monitoring, Alameda Research's bankruptcy administrator recently distributed over $15 million worth of SOL to creditors in the latest monthly allocation. A total of $15.6 million worth of SOL was transferred to 25 independent addresses, as part of a continuous distribution plan that has been ongoing for 21 months. Alameda's on-chain wallet currently still holds $314.95 million worth of SOL.

Bitmine Chairman Tom Lee predicts that Ethereum will experience a V-shaped rebound in the near future, currently approaching the bottom. Despite the price decline, ETH staking demand remains strong, with validator onboarding wait times reaching an all-time high, and the staking ratio reaching 30.3%.

XRPL's real-world asset tokenization (excluding stablecoins) is valued at approximately $1.756 billion, surpassing Solana's $1.682 billion. Data shows XRPL represents an asset value of about $1.45 billion, a 276.75% surge over the past 30 days. However, XRPL has only 22 RWA holders, while Solana has 285,007.

According to Lookonchain on-chain data, multiple large crypto wallets have transferred over $7 million to assets backed by physical gold. These transactions involve tokens such as PAXG (Pax Gold) and XAUT (Tether Gold), both of which are linked 1:1 to custodial and audited physical gold.

Alibaba Cloud has launched new infrastructure that speeds up Solana RPC nodes, slashing latency for high-frequency traders. The setup uses clustered ECS placement, 9th-gen hosts, ERI, and high-IOPS disks to support low-hop RPC access. Alibaba Cloud has launched its latest infrastructure

Proving that someone is Satoshi Nakamoto cannot be solved by storytelling, presenting identification, or winning a court case. Instead, it is a cryptographic problem governed by strict rules. Satoshi Nakamoto's original intention in creating Bitcoin was to make it a trustless peer-to-peer cryptocurrency. Therefore, anyone claiming to be Satoshi must prove their identity, usually by providing identification documents, historical communication records, and most importantly, a private key associated with one of the early Bitcoin addresses.

According to reports, Bitcoin spot ETF net outflows have reached $275.81 million. The outflows from major ETF products include $72.92 million from BlackRock and $92.60 million from Fidelity. Other products also experienced varying degrees of outflows, with only WisdomTree recording inflows of $6.78 million.

Cryptocurrency hackers can now transfer stolen funds within 2 seconds of an attack starting, and in most cases, they move assets before victims disclose data breaches. Global Ledger's analysis of 255 crypto hacking incidents in 2025 draws the clearest conclusion: 76% of hacker attacks had funds transferred before public disclosure, and this percentage rose to 84.6% in the second half of the year.

PEPE meme coin has declined for six consecutive weeks, but Santiment on-chain data shows that smart money accumulation remains strong. The top 100 largest wallets have held approximately 23.02 trillion PEPE over the past four months. Hyperliquid well-known trader James Wynn sold off after predicting last month that PEPE's market cap could reach $69 billion.

On February 5th, Bitcoin's price dropped from $70,000 to $60,000, with on-chain realized losses reaching $3.2 billion, marking the largest single-day loss in history. This sell-off is analyzed as a typical capitulation event, potentially signaling the bottom of the bear market.

Last week, the cryptocurrency market experienced intense volatility, with Bitcoin plummeting from around $70,000 to $60,000 in a short period, triggering the largest "realized loss" event in history. On-chain analysis platform Glassnode shows that the adjusted realized losses reached as high as $3.2 billion, setting a new record for the Bitcoin network. This metric measures the USD value of Bitcoin sold below cost and excludes the impact of transfers within the same entity, thus providing a more accurate reflection of genuine selling pressure. This figure even exceeds the approximately $2.7 billion loss during the 2022 LUNA collapse, indicating that the current downward sentiment shock has surpassed the darkest phase previously experienced. Data platform Checkonchain pointed out that this market movement exhibits typical "capitulation sell-off" characteristics: rapid decline, large transaction volumes, mainly driven by holders with the weakest conviction being forced to liquidate.

PANews February 12 News, according to Cointelegraph, Polkadot data shows that robots currently generate 51% of the total network traffic, officially surpassing human activity for the first time.

Alameda Research bankruptcy liquidation address will exchange the 129 million STG tokens it holds for 11.142 million ZRO tokens, valued at $24.29 million, accounting for 12.9% of the total STG supply. LayerZero plans to launch the L1 public chain Zero and has acquired Stargate for $110 million.

Bitcoin (BTC) has once again weakened and declined, currently around $67,570 as of February 12. The US non-farm payrolls added 130,000 jobs in January, exceeding expectations and suppressing rate cut expectations. BlackRock will purchase an undisclosed amount of Uniswap tokens UNI. MicroStrategy CEO stated that the company will issue more perpetual preferred shares to alleviate investors' concerns about the stock price.

"Today Show" host Savannah Guthrie's mother, Nancy Guthrie, has been kidnapped. The ransom letter demands $4 million in Bitcoin, with a potential increase to $6 million if not paid. TMZ reported recent activity of hundreds of dollars in transactions on the Bitcoin wallet. A Polymarket market titled "Can the kidnapping suspect be caught before February 28?" shows traders estimating the probability at approximately 78%.

ChainCatcher message: According to Arkham data, at 06:59, 11,141,600 ZRO (worth approximately $24.29 million) was transferred from an anonymous address (starting with 0x9219...) to Alameda Research.

Within 18 hours, XRP had regained the level of $1.41, and it rose by more than 25 percent since the last time it was below $1.15. Whale activity was up sharply, with 1389 transactions over $100,000, which is the highest since four months ago. There was a rapid increase in network

ChainCatcher reports that, according to Arkham data, at 01:08, 75,150.89 SOL (worth approximately $5,886,600) was transferred from an anonymous address (starting with 26bmhQ...) to degen-retard.sol.

ChainCatcher message: According to Whale Alert monitoring, the USDC Treasury has minted an additional 250 million USDC on the Solana chain.